BUFFALO, N.Y. (WKBW) — Billionaire philanthropist Tom Golisano's $10 million purchase of the former Buffalo News building will bring new life to Downtown Buffalo as the Golisano Institute for Business and Entrepreneurship announced plans for a campus center Thursday.

The institute, which opened in Rochester in 2023, will expand to Buffalo with an accelerated two-year business program housed in the former newspaper building. The school plans to welcome 75 students of all ages and 15 faculty and staff members in fall 2026.

"We teach business, we practice business, and we do it over and over and over and over again until they are ready to be a professional employee," said Ian Mortimer, President of the Golisano Institute for Business and Entrepreneurship.

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